Precision Neuroscience

New York, United States Founded: 2021 • Age: 5 yrs
Brain-computer interfaces developed for medical treatment and drug development.
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About Precision Neuroscience

Precision Neuroscience is a company based in New York (United States) founded in 2021 by Benjamin Rapoport, Demetrios Papageorgiou, Mark Hettick, and Michael Mager.. Precision Neuroscience has raised $182.65 million across 6 funding rounds from investors including Mubadala, Jdpglobal and General Equity Holdings. The company has 22 employees as of December 31, 2022. Precision Neuroscience offers products and services including Layer 7 Cortical Interface and Processing Unit. Precision Neuroscience operates in a competitive market with competitors including Blackrock Neurotech, Nexstim, MindMaze, INBRAIN Neuroelectronics and Synergia Medical, among others.

  • Headquarter New York, United States
  • Employees 22 as on 31 Dec, 2022
  • Founders Benjamin Rapoport, Demetrios Papageorgiou, Mark Hettick, Michael Mager
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $182.65 M (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
    Mubadala

    & 10 more

  • Employee Count
    22

    as on Dec 31, 2022

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Products & Services of Precision Neuroscience

Precision Neuroscience offers a comprehensive portfolio of products and services, including Layer 7 Cortical Interface and Processing Unit. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Implantable device records brain signals to control digital devices.

Translates recorded brain signals into actionable data for devices.

Funding Insights of Precision Neuroscience

Precision Neuroscience has successfully raised a total of $182.65M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round
  • First Round

    (27 Apr 2021)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2025 Amount Series C - Precision Neuroscience Valuation SCI Ventures
Jan, 2025 Amount Series C - Precision Neuroscience Valuation

investors

Oct, 2024 Amount Series C - Precision Neuroscience Valuation General Equity Holdings
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Precision Neuroscience

Precision Neuroscience has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Mubadala, Jdpglobal and General Equity Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multistage investments are directed toward technology, healthcare, and climate sectors.
Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Precision Neuroscience

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Precision Neuroscience

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Precision Neuroscience Comparisons

Employees
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Competitors of Precision Neuroscience

Precision Neuroscience operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blackrock Neurotech, Nexstim, MindMaze, INBRAIN Neuroelectronics and Synergia Medical, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Medical devices for neurological therapies are developed.
domain founded_year HQ Location
Noninvasive brain stimulation is provided for stroke patient rehabilitation.
domain founded_year HQ Location
Evidence-based digital neurotherapeutics are developed for brain health recovery.
domain founded_year HQ Location
AI-based neuroelectronic devices for brain disorder detection are developed.
domain founded_year HQ Location
Implantable neurostimulators and contactless monitoring systems are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Precision Neuroscience

Frequently Asked Questions about Precision Neuroscience

When was Precision Neuroscience founded?

Precision Neuroscience was founded in 2021.

Where is Precision Neuroscience located?

Precision Neuroscience is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Precision Neuroscience?

Michael Mager is the current CEO of Precision Neuroscience. They have also founded this company.

Is Precision Neuroscience a funded company?

Precision Neuroscience is a funded company, having raised a total of $182.65M across 6 funding rounds to date. The company's 1st funding round was a Series C of $102M, raised on Apr 27, 2021.

How many employees does Precision Neuroscience have?

As of Dec 31, 2022, the latest employee count at Precision Neuroscience is 22.

What does Precision Neuroscience do?

Precision Neuroscience was founded in 2021 in New York, United States, within the neuroscience sector. Brain-computer interface technologies are created by the company for applications in medical treatments and drug development. Operations focus on implants that enable AI-based computing, device integration, and neurological assessments. These tools support evaluations of illnesses and advancements in therapeutic solutions.

Who are the top competitors of Precision Neuroscience?

Precision Neuroscience's top competitors include Blackrock Neurotech, INBRAIN Neuroelectronics and Nexstim.

What products or services does Precision Neuroscience offer?

Precision Neuroscience offers Layer 7 Cortical Interface and Processing Unit.

Who are Precision Neuroscience's investors?

Precision Neuroscience has 11 investors. Key investors include Mubadala, Jdpglobal, General Equity Holdings, B Capital, and Duquesne Family Office.

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